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Turkey to add $3bn to state banks’ capital over virus

Turkey’s sovereign wealth fund will inject 21bn liras ($3bn) into three state lenders to strengthen their capital positions and minimise the impact of the coronavirus pandemic that may provide a $24bn boost to the market. Turkiye Varlik Fonu, the fund also known as TWF, will boost the core capitals of…

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Click here to read the full story: Gulf Times

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